AirTrunk’s SLL named ‘Australian Syndicated Loan Deal of the Year’

AirTrunk’s A$4.6 billion Sustainability Linked Loan (SLL) has received its second award in under a week! KangaNews named the loan the ‘Australian Syndicated Loan Deal of the Year’ for 2023.

Thanks to Crédit Agricole CIB, Deutsche Bank, DBS Bank, HSBC, ING, Morgan Stanley and MUFG.

The SLL set a number of industry benchmarks:
✅ Largest by a data centre operator globally
✅ First to utilise carbon usage effectiveness as loan KPI
✅ First to combine carbon, energy and water usage effectiveness as loan KPIs
✅ First by a data centre operator to incorporate gender pay equity KPI
✅ First to use margin incentives to fund social impact programs across APJ

Read more here.